tariffs Archives

Cox Automotive Forecast: May New-Vehicle Sales To Cool After Tariff-Fueled Surge, 16M SAAR Expected 05/27/2025 Updated, June 4, 2025 – As expected, the cumulative challenges of the tariff uncertainty and vehicle affordability are beginning to show up in the new-vehicle sales numbers. In May, according to initial estimates, new-vehicle sales were close to 1.47 million units, generally flat versus April and higher by 2.5% from year-ago levels. The numbers came in slightly lower than the Cox Automotive May forecast below. Importantly, the seasonally adjusted annual… Read Article

new-vehicle sales sales forecast tariffs SAAR Press Releases

Cox Automotive Q2 2025 Dealer Sentiment Index Reveals Market Momentum Amid Tariff Concerns 05/21/2025 ATLANTA, May 21, 2025 – The latest Cox Automotive Dealer Sentiment Index (CADSI) reveals a complex landscape for U.S. auto dealers, with franchised dealers buoyed by recent sales momentum while concerns about tariffs and political uncertainty cloud the outlook for the months ahead. The Q2 2025 CADSI, based on a national survey of 977 franchised and independent dealers conducted from April 22 to May 5, shows… Read Article

Cox Automotive Dealer Sentiment Index CADSI tariffs Press Releases

Consumers Face Challenges as New-Vehicle Inventory Drops 7.4% in April Amid Tariff Uncertainty 05/15/2025 Even as the whipsaw of changing tariff policy continued to dominate the headlines, the dynamics of the April new-vehicle market unfolded as expected. New-vehicle sales momentum continued from the end of March and into April, before beginning to taper off. New-vehicle inventory declined further, by 7.4% from March, according to the Cox Automotive analysis of vAuto Live Market View data. 2.49M Total Inventoryas of May 1, 2025 66… Read Article

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Cox Automotive Joins the Automotive Press Association’s Real-Time Auto Intelligence Webinar 05/02/2025 The automotive industry has been significantly influenced by new tariffs over the past month. During a 100-day rally in Michigan, President Trump highlighted the achievements of the tariff initiative and provided new policy clarifications, bringing some relief to automakers and parts suppliers. These tariffs have been a pivotal topic since the early days of the current administration, and the narrative continues to evolve. On May 1,… Read Article

tariffs Market Insights Commentary & Voices

April Auto Sales: How Tariffs Shaped the Market 04/29/2025 As April comes to a close, the pressing question on everyone’s mind is what impact the newly implemented auto tariffs have had on the retail and wholesale auto market. Everyone in the industry has been closely watching the effects of these tariffs, and the anticipation has been significant. To get a clearer picture, we turned to the experts. We asked the leaders of our Economic and… Read Article

tariffs Market Insights Commentary & Voices

Cox Automotive Forecast: Tariff Concerns Drive New-Vehicle Sales Growth in April, As Inventory Tightens 04/23/2025 Updated, May 2, 2025 – New-vehicle sales in April finished near 1.46 million according to initial estimates, above even Cox Automotive’s positive forecast below. Our Industry Insights team had been expecting solid sales in April, spurred on by concerns of higher prices on the horizon. As expected, though, sales in April were lower than in March, as the early-in-the-month frenzy cooled off some as the weeks… Read Article

new-vehicle sales sales forecast tariffs SAAR Press Releases

Manheim Index Declines in March, But Wholesale Auto Auction Activity Increases as Tariffs Become Reality 04/07/2025 ATLANTA, April 7, 2025 – Wholesale used-vehicle prices (on a mix, mileage, and seasonally adjusted basis) were lower in March compared to February. The Manheim Used Vehicle Value Index (MUVVI) declined to 202.6, which is a decrease of 0.2% from a year ago and also lower than the February levels. The seasonal adjustment caused the index to decline for the month, as non-seasonally adjusted values rose… Read Article

Manheim Used Vehicle Value Index tariffs MUVVI Press Releases

New Auto Tariffs Are Now in Place, Driving the Industry into Uncharted Territory 04/04/2025 It’s on! As our Chief Economist Jonathan Smoke feared, the “unthinkable” has happened. New automotive-specific tariffs of 25% on all imported vehicles are now in place. Finished automobiles are no longer flowing freely across North America, and key automotive free trade agreements have been scrapped. This significant shift in the automotive landscape is already creating a ripple effect that will impact sales, inventory, pricing and manufacturing.… Read Article

tariffs Market Insights Commentary & Voices

Auto Industry Braces for Impact: 25% Tariffs on Imported Vehicles Set to Disrupt Market 03/28/2025 The Cox Automotive Economic and Industry Insights team reported on the U.S. auto market performance during the Q1 Industry Insights and Sales Forecast Call on Wednesday, March 26. As the call was taking place, everyone was keenly aware that the auto industry was one week from the “unthinkable,” as Chief Economist Jonathan Smoke called it: 25% tariffs on some imported automobiles. Just hours later, President Trump… Read Article

tariffs Market Insights Commentary & Voices

“Unthinkable” Comes True: 25% Tariffs on Canada and Mexico Put Auto Market on Uncharted Road 03/04/2025 Tariffs of 25% across North America – depending on how long they last1 – could likely upend the auto market in the United States and the larger economy. As previously reported, the North American auto market has enjoyed 30 years of free trade, so new tariffs in place for any significant length of time will be disruptive. Roughly 44% of the new vehicles sold in the… Read Article

tariffs Market Insights Commentary & Voices